Forex Scams

Crazycam727

Power Member
Joined
Dec 24, 2019
Messages
785
Reaction score
947
What’s with all these forex scams in the instagram comments?

“I earnt $10,000 in a week with scammer_fx”

What are they gaining from this?
 
Never trust the forex people on Instagram,most of them are scams and it's not so easy to earn so much money in a short period of time unless you have some really creative idea.Forex takes a lot of trial and error and these guys also don't have an official license to trade,atleast most of them and they make forged documents to fool people.

So be careful when you dive in with them.
 
Yeah, classic spam advertisement.

I never understood those types of people.

I'm sure it makes them look like scammers even in the rookie's eyes.
 
What do you mean what are they gaining from it?

Well, you saw that comment, didn't you? Other people will see it too. And the only difference between you and other people is that you know it is a scam, as most BHW users know it too.

But there are many stupid people out there, kids with parents money, etc, somebody will fall for it. It is a number game in the end, even if you put a survey locker on the button that says "Do this survey stupid and you will get superpowers", if enough people see it, it will make you rich.

Just think how stupid average person is, and imagine that 50% of people are dumber.
 
Usually investment scams. They send you a fake website that will invest your money with like a 10% weekly return. The website is usually theirs and they will just steal your money.
 
dont trust any of social ads, first of all join with free group and check their past messages. but I'm highly recommended you to go with tradingview com

analyze the best providers with their past and join the groups ;) I have went many from past years
 
dont trust any of social ads, first of all join with free group and check their past messages. but I'm highly recommended you to go with tradingview com

analyze the best providers with their past and join the groups ;) I have went many from past years

Which groups? Can you guide us too? (can you give details?)
 
well a lot of opportunities are there for them.. they may ask you to join any forex site with their affiliate link..or ask you to pay for their premium service
 
Don't get me started on forex. Stay far away from that shit, I've had a personal friend try and pull me into this program with his affiliate link. These guys are peons in a large legal pyramid scheme.

Like AntiHacker said "the only difference between you and other people is that you know it is a scam " most people with some type of intellect can tell if someone is scamming them, others don't.


What these peons do is pull people into a Zoom call they have scheduled almost every week [I usually see thousands of users its f****** sad] promote their product and explain to them
every person they help sign up, they will receive residual income every week. If they weren't teaching people how to "trade" then it would be classified as a PS.
Some of these gurus don't even know what fixed and floated exchanges are
BUT HERE'S THE KICKER
Forex itself is statistically proven to not be a stable investment
These brokers that they use are not FDIC insured, and will promote bull**** saying that they have 0 commissions on trades. But they actually advertise you the currency pair at a premium.
THERE IS NO CENTRALIZED EXCHANGE. If 2 people were to purchase apple we would get quoted the same price unlike the foreign exchange markets.
"Trillion Dollar Market" is a lie most of these transactions are everyday airport transaction / Institutional hedging
 
Don't get me started on forex. Stay far away from that shit, I've had a personal friend try and pull me into this program with his affiliate link. These guys are peons in a large legal pyramid scheme.

Like AntiHacker said "the only difference between you and other people is that you know it is a scam " most people with some type of intellect can tell if someone is scamming them, others don't.


What these peons do is pull people into a Zoom call they have scheduled almost every week [I usually see thousands of users its f****** sad] promote their product and explain to them
every person they help sign up, they will receive residual income every week. If they weren't teaching people how to "trade" then it would be classified as a PS.
Some of these gurus don't even know what fixed and floated exchanges are
BUT HERE'S THE KICKER
Forex itself is statistically proven to not be a stable investment
These brokers that they use are not FDIC insured, and will promote bull**** saying that they have 0 commissions on trades. But they actually advertise you the currency pair at a premium.
THERE IS NO CENTRALIZED EXCHANGE. If 2 people were to purchase apple we would get quoted the same price unlike the foreign exchange markets.
"Trillion Dollar Market" is a lie most of these transactions are everyday airport transaction / Institutional hedging

ha I think which one , i used to ask that forex program here back end office it work like MLM . From the comment you mention. mention tell people go their Zoom call
 
Guides and Gurus, isn't it obvious? It's an old scheme, sell fake stuff to people who want to make money promising them it's going to work, then run with what little they had, leaving them unable to feed their families. Lovely.
 
Back
Top